Deals
Private equity investor Calculus Capital has made a significant investment in Benito’s Hat.
The deal represents the first investment in the restaurant sector for Calculus.
Benito’s Hat, a Mexican-themed fast casual restaurant business with four sites in central London, was named after extravagant Mexican president Benito Juárez. Founder Ben Fordham opened Benito’s first site on Goodge Street in London in 2008 with a little help from friends and family. Since then three more sites have been opened in Covent Garden, Oxford Circus and, most recently, King’s Cross. The investment by Calculus will help facilitate the roll-out of more
OMERS Private Equity (OPE), the private equity investment arm of the OMERS pension plan, has completed the purchase of Civica from 3i and funds managed by 3i for an enterprise value of GBP390m.
Civica is a provider of software systems, cloud-based IT services and technical outsourcing, primarily to public sector organisations in the UK and around the world. Civica has extensive capabilities and presence across local government, education, social housing, healthcare, and emergency services. The company employs over 2,000 staff, around 60 per cent of which are based in the UK.
OPE will support the management team as
DB Private Equity, the private equity platform of the asset and wealth management division of Deutsche Bank Group, has invested in mobile commerce specialist Celltick.
In February, Celltick announced record revenue in 2012 with focus on mobile initiated commerce utilising its mobile home screen marketing technologies. The company creates publishing inventory of various mobile devices’ home screens while closing the loop between mobile marketing and the final commerce transaction resulting from a marketing promotion.
By the close of 2012, Celltick powered billions of mobile initiated commerce transactions for virtual and physical goods serving over 140 million active consumers
UK decommissioning, demolition and remediation specialist KDC has secured a multi-million pound refinancing deal from Yorkshire Bank.
The GBP3.8m finance package, from Yorkshire Bank’s Manchester-based corporate banking team, provides KDC with fresh working capital as it continues to win new contracts across the UK.
The deal also refinances investment provided by YFM Equity Partners who, along with Yorkshire Bank and Barclays Ventures, was a key investor in the 2008 management buyout of the business. The company has grown turnover from GBP14m to GBP24mn since the MBO and it now has 140 employees across the UK.
Established in
Darby Private Equity’s Converging Europe Mezzanine Fund (DCEMF) has signed an agreement to exit its equity and mezzanine holdings in Sirma, a Turkish bottled water and beverage manufacturer, in connection with a sale of a majority interest in Sirma to Danone.
DCEMF’s exit is subject to the closing of the transaction with Danone. The transaction terms have not been disclosed.
DCEMF made a mezzanine investment in Sirma in 2010 to provide long-term funding for the growth of the company. DCEMF made a follow-on equity and mezzanine investment in 2011 to finance Sirma’s new factory.
Robert Graffam, Darby’s senior
German Equity Partners IV (GEP IV), a fund managed by the independent German private equity firm ECM Equity Capital Management, has acquired the MediFox Group, headquartered in Hildesheim, in partnership with the company’s management in an ownership succession transaction.
The founder and majority shareholder, who has developed MediFox Group to become a leading software provider in the market for nursing care in Germany, will withdraw from the business. In 2010 he transferred responsibility for daily operations to the current managing directors Christian Städtler and Dr Thorsten Schliebe.
As part of the transaction the management team of the MediFox
The Resolute Fund, an affiliate of The Jordan Company, has entered into a definitive agreement to sell Reinhold Holdings to HEICO Corporation.
Reinhold is a manufacturer of advanced custom composite components and complex composite assemblies for commercial aviation, defence and space applications. Financial details of the transaction, which is subject to customary closing conditions, have not been disclosed.
Acquired by The Jordan Company in 2006 and headquartered in Santa Fe Springs, California, Reinhold produces high-quality, heat resistant, advanced custom composite components and assemblies. Its commercial aviation products are primarily composite passenger seating solutions for existing and next-generation large
International law firm Osborne Clarke has advised Edi and Danny Truell on their latest growth capital investment in Imagine Publishing.
Since 2005, the Truells have been investing in Imagine publishing, a technology content producer with a portfolio of magazines, websites, bookazines, apps and other multimedia products.
Partners Greg Leyshon and Rob Wood led the team and were assisted by Vicky Hill, solicitor (corporate) Hugh Jones, partner (banking) and Erika Jupe, partner (tax).
BMC Software is to be acquired by a private investor group led by Bain Capital and Golden Gate Capital together with GIC Special Investments and Insight Venture Partners.
Under the terms of the agreement, affiliates of the investor group will acquire all outstanding BMC common stock for USD46.25 per share in cash, or approximately USD6.9bn, representing an attractive premium to the company’s unaffected stock price.
The agreement was approved by unanimous vote of those directors present.
“After a thorough review of strategic alternatives, the BMC board of directors is pleased to reach this agreement, which provides shareholders
Burger King has sold its wholly-owned German subsidiary and its 91 company-owned restaurants in Germany to Yi-Ko Holding, owned and operated by Ergün Yildiz, a long-standing Burger King restaurant operator in Germany, and Alexander Kolobov, who has been driving the company’s expansion in Russia.
The sale is part of Burger King’s global refranchising strategy. As part of the transaction, Yi-Ko Holding has agreed to develop new Burger King restaurants during the next five years and remodel an additional 57 Burger King restaurants during the next 18 months.
A CMS Hasche Sigle team led by corporate partner Martin Kolbinger advised
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12 November, 2026 – 8:00 am
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